Action Forex Pivot Points - Indicator?

Hello.

I have been in search of an MT4 indicator for Pivot Points that you can customize for different timeframe pivot points. I have been manually plotting Action Forexs 4-hour pivot points to about nine pairs every four hours. When I use the other pivot point indicators listed around the forums, I cannot get the same values that come from Action Forex calculations. I am currently on IBFX which is on GMT time so my Daily close is at 7:00 pm EST. I believe Action Forexs calculated intervals are on a daily close at 5:00 pm EST.

 

1. Daily pivots are calculated from previous day's high, low, close which ends at 5pm est or 21pm GMT.(edit) this would be 22 GMT now
2. 4 Hours pivots are calculated from previous 4 hours bar which ends at 2100, 0100, 0500, 0900, 1300, 1700 GMT.(edit) These would also all move up in time 1 hour
3. The pivot levels and charts are updated throughout the day to cater for data adjustments during the day.
4. Choose the currency pair on the right menu for charts showing pivot levels"

So, I was wondering if there was an Pivot Point indicator out there that can be customized to calculate the candle prices at these times? 4 hour, daily, weekly, monthly all based off the Daily close at 5:00 pm EST and still be used on IBFX platform? Thanks.

Adam Hefner

Good luck with it.

Thanks for posting this indicator even on an old thread. I love it, it works great

Hello,

I am searching for a H4 pivot point indicator, with a shift option. Recently I switched from a GMT+2 broker to a GMT broker, and obviously the values of H4 pivots are different on each platform.

I’ve attached a pivot point indicator, with a shift option, shift which can be made for D1 pivots, not for H4. I would appreciate if someone could take a look at the code and see if the H4 pivots can be shifted +2. Thanks